KUALA LUMPUR, Nov 17 — RHB Investment Bank Bhd has maintained its 2023 gross domestic product (GDP) growth projection at 4.3 per cent year-on-year (y-o-y), with rosier economic prospects expected in the fourth quarter of 2023 (4Q 2023).

KUALA LUMPUR, Nov 17 — The Employees Provident Fund (EPF) recorded a total investment income of RM47.86 billion for the nine months which ended on September 30, an increase of 33 per cent from RM36.04 billion posted in the same period in 2022.

KUALA LUMPUR, Nov 17 — BMI, a Fitch Solutions company, expects Bank Negara Malaysia (BNM) to hold its overnight policy rate (OPR) at 3.0 per cent through the end of 2024.

KUALA LUMPUR, Nov 17 — Malaysia’s domestic demand is expected to play a key role in sustaining the country’s overall growth going forward.

KUALA LUMPUR, Nov 17 — The ringgit depreciated by 0.2 per cent versus the US dollar in the third quarter (3Q 2023), along with other regional currencies, amid the broad strength of the greenback, said Bank Negara Malaysia (BNM).

KUALA LUMPUR, Nov 17 — Malaysia’s current account balance rose a marginal 0.3 per cent to RM9.14 billion in the third quarter of 2023 (3Q 2023) against RM9.1 billion in the previous quarter, lifted by higher net exports of goods, said the Department of Statistics Malaysia.

KUALA LUMPUR, Nov 17 — The ringgit opened slightly higher against the US dollar as demand for the US dollar eased and the United States (US) Treasury yields slipped, an analyst said.

KUALA LUMPUR, Nov 16 — The ringgit closed easier against the US dollar today as the greenback rebounded from an over two-month low earlier this week on the back of a stronger-than-expected United States (US) retail sales data.

BEIJING, Nov 16 — Malaysia’s palm oil and palm oil-related exports to China are expected to increase this year, if not maintained at last year's level, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

KUALA LUMPUR, Nov 15 — The ringgit closed higher against the US dollar today as the greenback retreated after lower-than-expected United States (US) Consumer Price Index (CPI) data reinforced expectations the US Federal Reserve (US Fed) is done hiking interest rates.

KUALA LUMPUR, Nov 15 — The retail prices of RON97 and RON95 petrol as well as diesel will remain unchanged at RM3.47, RM2.05, and RM2.15 per litre respectively, from November 16 to November 22.

KUALA LUMPUR, Nov 15 — Malaysia’s third quarter of 2023 (3Q 2023) gross domestic product (GDP) is expected to be better than 2Q 2023 despite the challenging global economy, said Economy Minister Rafizi Ramli.

KUALA LUMPUR, Nov 14 — The ringgit closed lower against the US dollar today as traders awaited the release of the United States consumer price index (CPI) data later in the day.

KUALA LUMPUR, Nov 14 — Foreign investors maintained their status as net buyers on Bursa Malaysia for the second consecutive week last week, snapping up RM676.7 million worth of local equities — nearly four times the amount purchased the previous week.

KUALA LUMPUR, Nov 14 — The ringgit opened marginally higher today on subdued demand for the US dollar as the United States (US) Treasury yield depreciated.

IPOH, Nov 12 — The government will study the proposal to raise the ceiling price of local white rice (BPT), said Agriculture and Food Security Minister Datuk Seri Mohamad Sabu.

KUALA LUMPUR, Nov 11 — The ringgit is expected to trade cautiously against the US dollar next week as traders seek fresh leads on more significant economic data.

KUALA LUMPUR, Nov 10 — The ringgit extended its downtrend to close lower today against the greenback for the fourth consecutive day following US Federal Reserve (US Fed) chairman Jerome Powell’s hawkish tone in his statement on US monetary policy yesterday.

KUALA LUMPUR, Nov 10 — Bank Islam Malaysia Bhd expects Malaysia’s gross domestic product (GDP) to grow at 3.2 per cent in the third quarter of 2023 (3Q FY2023) amid resilient domestic demand despite external headwinds.

KUALA LUMPUR, NOV 10 — The ringgit led losses among emerging Asian currencies and stock markets retreated on Friday, as the United States (US) Treasury yields surged after the Federal Reserve chair said officials were "not confident" interest rates were high enough to defeat inflation.